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DRILL PERMITS GRANTED ON BC RARE EARTH PROSPECT

VANCOUVER, BC--(Marketwire - September 16, 2010) - Bolero Resources Corp. (the
"Company" or "Bolero"), (TSX-V: BRU), (FRANKFURT: U7N1) announces it
has
received permits from the B.C. Ministry of Energy, Mines and Petroleum
Resources
to conduct a diamond drill program on its Carbonatite Syndicate Rare
Earth
prospect north of Prince George, British Columbia. Drilling is
scheduled to
commence shortly, following the interpretation of preliminary data
from the
airborne AeroTEM and Radiometric surveys currently being flown.

The company has recently completed several soil grids over high priority
targets
that revealed concentrations for Cerium (Ce) and Lanthanum (La) that run
up to
631 ppm and 377 ppm respectively, with 20 samples showing total Rare
Earth
contents above 1000 ppm. Pathfinder elements such as Niobium (Nb) and
Barium
(Ba) also show distinct elevated concentrations against background.
High
priority drill targets are being identified using soil assays results
combined
with data from the airborne AeroTEM and Radiometric surveys.

Bolero Resources' President and CEO, R. Bruce Duncan, stated "Bolero would
like
to thank all involved in the timely permitting which included the McLeod
Lake
Indian Band, Mackevoy Geosciences Inc. and Dr. Jon Belhumeur. We have
recently
confirmed the presence of Rare Earth Elements on the Carbonatite
Syndicate
prospect and now that drill permits have been granted, drilling will
commence in
the near future, following the interpretation of the data from our
AeroTEM and
Radiometric surveys, now being flown. This is an exciting time for Bolero
as we
have recently identified significant coincident IP and Geochem anomalies
on our
"Red Chris South" prospect, contiguous to Imperial Metals Corporation
(III -
TSX) Red Chris copper-gold property and we anticipate work to commence
shortly
on our newly acquired White Gold District/Stewart River, Yukon Gold
prospect in
close proximity to recently announced discoveries by Kaminak Gold
Corporation
(KAM - TSX.V) Kinross Gold Corporation (K - TSX)."

ABOUT THE CARBONATITE SYNDICATE RARE EARTH PROSPECT

The Carbonatite Syndicate prospect consists of 57 claims covering
approximately
56,000 acres and is accessible by all weather gravel roads. It is
approximately
80km north east of Prince George, BC, along the Rocky Mountain trench, a
major
continental geologic feature which is now recognized for its
numerous
potentially economic, concentrations of rare metals. The Carbonatite
Syndicate
prospect is the largest contiguous land package and surrounds Spectrum
Mining's
"Wicheeda" Rare Earth discovery on the South, East, and Western fronts.

Spectrum Mining Corporation's neighboring "Wicheeda" property recently
announced
drill hole intersections of 48.64 meters of 3.55% combined rare earth
elements
(REE), 144 meters of 2.2% combined REEs and 72 meters of 2.92% REE's. All
intersections were collared in mineralization and assays were given in
total
elemental REE's which understate actual REE oxide content. (Minerals South
Conference and Trade Show in late 2009)

Mineral analysis on 2009 drill core by Dr. Anthony Mariano, a
recognized
authority on REE's, indicated that the primary REE's are contained in
coarse
grained monazite and a bastnesite-synchistite-parasite mineral. Dr. Mariano
also
conducted a bench scale heavy liquid and magnetic separation study
on a
composite sample of Wicheeda drill core and was able to produce a high
grade REE
concentrate that contained 56.09 wt. % REE.

Dr. Roger Steininger, Ph.D., CPG (AIPG), a Company Director, is the
"Qualified
Person" (as such term is defined by NI 43-101) responsible for the
preparation
of the technical information in this release.

About Bolero Resources Corp.

Bolero Resources Corp. is a Canadian Gold and Rare Earth
exploration and
development company. Our primary assets include: 100% interest in the Red
Chris
South prospect, covering over 13,000 acres in north-western BC,
contiguous to
Imperial Metals Corp (III.T); 100% interest in 57 mineral claims
prospective for
Rare Earth's covering approximately 56,000 acres, contiguous to Spectrum
Mining
Corporation in Northern BC; 11 mining claims of which approximately
2,653
hectares are directly tied on to the northwest, and 1,930 hectares are
tied
directly east of Barkerville Gold Mines (BGM.V) in Barkerville, BC,
and 2
separate quartz claim blocks covering over 6,500 acres, in the "White
Gold
District" of the Yukon. The Company is listed on the TSX-Venture Exchange
under
the symbol BRU, as well as the Frankfurt Exchange under U7N1. For
more
information, please visit www.boleroresources.com or contact Investor
Relations
Toll Free.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that
term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility
for the adequacy or accuracy of this release

[HUG#1444870]

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